{"id":18757,"date":"2013-10-22T13:34:41","date_gmt":"2013-10-22T19:34:41","guid":{"rendered":"http:\/\/www.crookedbough.com\/?p=18757"},"modified":"2013-10-22T13:35:07","modified_gmt":"2013-10-22T19:35:07","slug":"iran-has-economic-leverage-to-demand-stop-s-korea-from-exporting-cs-gas-to-bahrain","status":"publish","type":"post","link":"https:\/\/www.crookedbough.com\/?p=18757","title":{"rendered":"Iran has Economic leverage to Demand Stop S. Korea from Exporting CS Gas to Bahrain"},"content":{"rendered":"

South Korea’s Sep Iranian crude imports double from Aug to 137,467 b\/d<\/strong>
\nPlatts – 22 October, 2013<\/p>\n

South Korea’s imports of Iranian crude oil in September more than doubled from the previous month to 4.12 million barrels, or 137,467 b\/d, compared with 1.97 million barrels in August, data released by state-owned Korea National Oil Corp. showed Tuesday.<\/p>\n

The country had no crude imports from Iran in August and September last year in line with US-led sanctions on Iran.<\/p>\n

“Crude imports from Iran increased in September compared with the previous month, but total volume imported for the first nine months was down on a yearly basis,” a KNOC official said.<\/p>\n

From January to September, South Korea imported 37.28 million barrels of crude from Iran, down 3.8% from 38.77 million barrels in the same period last year.<\/p>\n

South Korea was granted a 180-day exemption from US financial sanctions since last year allowing it to keep buying Iranian crude oil as long as it showed an effort to reduce reliance on the supplies.<\/p>\n

The country imported 56.15 million barrels of Iranian crude in 2012, down 35.6% from 87.18 million barrels in 2011.<\/p>\n

South Korea’s total crude oil imports in September fell 6.4% year on year to 74.75 million barrels, or 2.49 million b\/d, compared with 79.85 million barrels in the same month last year.<\/p>\n

Meanwhile, South Korea’s oil consumption slipped 4% year on year to 64.59 million barrels, or 2.15 million b\/d, in September, from 67.30 million barrels a year earlier.<\/p>\n

Oil demand in September was down 7.3% from 69.70 million in August. The country’s refined product exports in September plunged 20.6% year on year to 35.66 million barrels, equivalent to 1.19 million b\/d, from 44.93 million barrels a year earlier.<\/p>\n

The September exports represented a fall of 3.4% from 36.94 million barrels in August.<\/p>\n

South Korea imported 24.71 million barrels of oil products, or 823,667 b\/d, in September, down 17.5% from 29.95 million barrels in the same month last year.<\/p>\n

September imports were 4% lower from the 25.73 million barrels in August. …source<\/a><\/p>\n

Tweet<\/a><\/div>","protected":false},"excerpt":{"rendered":"

South Korea’s Sep Iranian crude imports double from Aug to 137,467 b\/d Platts – 22 October, 2013 South Korea’s imports of Iranian crude oil in September more than doubled from the previous month to 4.12 million barrels, or 137,467 b\/d, compared with 1.97 million barrels in August, data released by state-owned Korea National Oil Corp. more \u00bb<\/a><\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[247],"tags":[1664],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=\/wp\/v2\/posts\/18757"}],"collection":[{"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18757"}],"version-history":[{"count":1,"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=\/wp\/v2\/posts\/18757\/revisions"}],"predecessor-version":[{"id":18758,"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=\/wp\/v2\/posts\/18757\/revisions\/18758"}],"wp:attachment":[{"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.crookedbough.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}